Pages:
Author

Topic: Is Altcoin Safe for Investment - page 6. (Read 17872 times)

member
Activity: 736
Merit: 11
August 04, 2021, 06:13:32 PM
Whether or not the market is safe or not depends on one's ability to understand it, because when talking about risk, everything is clearly risky and people who are able to understand risk and are able to understand the market even though not completely, then for him the market will not always be dangerous.
Well risk has become the main reason when we enter crypto and all of our risks will bear it and if we are afraid of risk then we will never dare to move forward in investing and only watch when prices rise and cannot make decisions when prices fall. it's a big loss. Better to try than to be a spectator.
sr. member
Activity: 686
Merit: 252
www.cd3d.app
August 04, 2021, 02:36:17 PM
this is safe or not depend on how we invest our money, did we invest all of money and didnt set trading rule or money management ? even if buy major coins which is relatively safer it could make our money lose as long as we careless about in which price we have to entry. There are alot good altcoin in market , and we could pick one them that will give us profits, but we have to research it before.

The crypto market cannot be secure on its own. This is one of the most speculative markets in the world, how is it supposed to be safe?
It must be dangerous because it is in his nature. Even ordinary investments have a risk, and the crypto market is multiple times, especially altcoins.

sr. member
Activity: 1988
Merit: 453
August 02, 2021, 07:08:49 AM
That's true, 2018, I invested in Bezant, one of the most promising ICO back in the day, they raise millions in just minutes, great team and really great fundamentals. But still didn't make it through, and now project has been abandoned.

Now I learned, for long term, I'm hodling btc, eth, ada and sol. I also hold NFT games but not long-term, AXS, $ANRX and TLM.

Not surprised to learn about Bezant. 2018 was a horrible year for the ICOs, after a couple of extremely good ones in 2016 and 2017. And the situation has remained like that ever since. The success rate of the ICOs remain at less than 5%, ever since the great bust in 2018. Now among the coins you had listed, ADA is one coin that has given spectacular returns during the last 12 months. I just hope that you purchased it before the rally started. And I don't have a good opinion about the NFTs. I don't think that it is a very intelligent move to invest in them.
jr. member
Activity: 149
Merit: 1
August 02, 2021, 06:24:10 AM
In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
No one can guarantee that altcoin investments are safe... So when we intend to invest our money in altcoins, we have to consider many things. Analyzing the coin is really very important, so that when we invest we know how far we will keep it. For myself, if indeed the coin has reached the peak and is profitable for me, I will definitely sell the coin.

That's true, 2018, I invested in Bezant, one of the most promising ICO back in the day, they raise millions in just minutes, great team and really great fundamentals. But still didn't make it through, and now project has been abandoned.

Now I learned, for long term, I'm hodling btc, eth, ada and sol. I also hold NFT games but not long-term, AXS, $ANRX and TLM.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
August 02, 2021, 06:10:40 AM
I don't analyze a lot of altcoins but bnb, ethereum and polkadot are good investments
there are thousands of altcoins in the crypto market, choose one that has a good reputation and performance, don't choose new coins, it's very risky

To me personally, yes, I invest and have already posted money from the altcoin: dbx. How do you feel about this altcoin?
dbx? what is this https://www.coingecko.com/en/coins/dbx-token. I see the token is inactive, are you sure to invest in dbx
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
August 02, 2021, 02:52:24 AM
In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

If you want to invest in altcoins, there are several things you should pay attention to, market movements, coin stability, and market trends, these you need to pay attention to when investing in altcoins. Otherwise, the investment will continue to be problematic.

Don't easily believe coins that are too fast to give high selling value, this will be temporary and the habit of coins like this will last for a while, but look at coins that move slowly and surely, if we can see this well. Then our investment will most likely be successful.

Now it's getting more and more confusing to invest, with so many new altcoins appearing, but not able to give good progress, that's why we need to study and analyze first.
member
Activity: 101
Merit: 18
August 02, 2021, 01:09:59 AM
If you invest blindly, the result will be insecure. I followed up a project during the epidemic, but I did not invest because its model is a bit like MLM currency, and it requires people to recruit people. At this point, they are worthless coins. If you have friends around you investing in this type of coin, you need to give some advice to prevent your friends from being deceived.
When you invest in altcoins, the first thing to look at:
  • The white paper of the project, see if there are any similarities on the Internet.
  • The technical team, and team members are not anonymous.
  • The relationship between official social media, communities and fans.
  • Don't invest because of feelings, and don't completely obey others.
newbie
Activity: 69
Merit: 0
August 01, 2021, 05:01:47 PM
In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?
Everything was on sale over the past few days. I just took the opportunity to simultaneously purchase more of my favorite altcoins. My holdings include ETH, ADA, LTC, BNB, XRP, and Stakenet XSN. I'm pretty sure once the market candle turns entirely green again, the return of profits is going to be massive.
member
Activity: 775
Merit: 11
July 27, 2021, 01:40:15 PM
No doubt that there is high amount of risk investing in new altcoins most of them are not legit with no specific targets the main aim is just to make huge profits and run away .It is much better to invest in older coins they may not be as profitable as the new ones but are more safer.
yes, maybe what you mean about old coins is not that it is unprofitable for investment, but rather to minimize the risk of loss if investing with old coins or top coins in the crypto market. as I know it is true that investing in new coins is very risky. for me personally I recommend top coins like BTC, ethereum, binnance and some others depending on your taste too.
jr. member
Activity: 1708
Merit: 3
July 27, 2021, 01:34:00 PM
No doubt that there is high amount of risk investing in new altcoins most of them are not legit with no specific targets the main aim is just to make huge profits and run away .It is much better to invest in older coins they may not be as profitable as the new ones but are more safer.
full member
Activity: 700
Merit: 100
July 27, 2021, 01:17:12 PM
Entering the investment world, we must be prepared with the risks that will be faced, no one can guarantee 100% safety, what needs to be done in investing is to look for opportunities to gain profits and minimize every risk.  investing in altcoins that are already established is the best way for you instead of wasting energy on coins that are not clear which actually makes us always haunted by all acts of fraud.
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
July 27, 2021, 11:40:49 AM
why do we separate or analyze the waste project? when we have seen a project that has no potential and the coin will not grow in the market then leave it. many altcoins are still worth choosing.
my message, avoid speculation with encouragement from others. just focus on your own planning and predictions. it will grow your skills.
What you are saying is very precise, because speculations from other people have not been able to confirm the truth and usually people who encourage others through speculation are people who want to make friends because they themselves have been trapped in bad Altcoins.
member
Activity: 868
Merit: 10
July 27, 2021, 11:40:17 AM
yes I agree with your opinion. When we invest, we should first analyze all the altcoins, separate which ones are just trash or can even become big dragons. Often enter the forum, so that we can get more information... so we can refer to which coins are good and worth investing in. And still save physical money to protect ourselves from wrong predictions.
why do we separate or analyze the waste project? when we have seen a project that has no potential and the coin will not grow in the market then leave it. many altcoins are still worth choosing.
my message, avoid speculation with encouragement from others. just focus on your own planning and predictions. it will grow your skills.

If you don't like a high appetite for investment risk then I highly recommend buying only the top coins, for example. BTC, ETH, BNB, etc. Coins like this are suitable for long-term investments. but if you are a day trader you can take risks with new coins which usually increase to 50% - 100% or even more. but remember only for a certain period of time and not for the long term. and most of them are listed on pancakeswap
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
July 27, 2021, 11:31:29 AM
yes I agree with your opinion. When we invest, we should first analyze all the altcoins, separate which ones are just trash or can even become big dragons. Often enter the forum, so that we can get more information... so we can refer to which coins are good and worth investing in. And still save physical money to protect ourselves from wrong predictions.
why do we separate or analyze the waste project? when we have seen a project that has no potential and the coin will not grow in the market then leave it. many altcoins are still worth choosing.
my message, avoid speculation with encouragement from others. just focus on your own planning and predictions. it will grow your skills.
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
July 27, 2021, 11:24:21 AM
Actually altcoins are very safe to invest in, but we trade in cryptocurrencies that even with a good proggress they can be at the lowest price when the market is not good. However, some altcoins also contain only scams. You have to be good at researching. try to research the top 10 coins in coinmarketcap. it's very nice to invest.
member
Activity: 1078
Merit: 15
July 27, 2021, 11:21:37 AM
bitcoin or altcoin are good investment portofolio , there are alot cryptocurreny have good utility and great ecosystem and so this project could growth massively in several months or year. With more han 2000 coins in market , we should strictly select them and pick only potential project that will give us profit in future. if we do this well , we will face less risk when buying altcoin.

Then what do you think about crypto that has this potential? if you know then tell me. Not only does it show the number of altcoins that are up to now, it has become a mess in the kitchen and the Bitcoin market. And with the large number of altcoins today, there is a narrow space for altcoins to grow to highlight their respective criteria.
hero member
Activity: 2926
Merit: 567
July 27, 2021, 09:16:26 AM

Even coins above top 100 still a lot more volatile than other investment but at least it isnt as volatile as the meme coins that was made for speculative purpose.
However the least volatile coins except stablecoin are usually in the top 5 because their market cap is large but still quite volatile, if anyone want to find a safe investment iust stake stablecoins.

Stable profit from the top altcoins in the market but as an investor, we want a diverse portfolio so we keep adding more coins to our basket, there's a big attraction on other altcoins besides the top 10 and new coins, but the hardest thing is you never know who of all these new coins has a huge potential in the market and will really live up to your expectation, it's like a box of chocolate you never know what what you are going to get.
full member
Activity: 936
Merit: 100
July 27, 2021, 09:12:57 AM
altcoins are good for investment. but you have to be good at selecting from the thousands of coins that are there you should try to choose a few coins that have the potential. because in cryptocurrency everything is full of risk. don't just use altcoins without analysis because it will risk losing
newbie
Activity: 322
Merit: 0
July 27, 2021, 08:57:35 AM
maybe DEED? Deedy Digital have created this token and they will have an NFT platform very very soon. they have a lot of interesting things which they want to push, so I think it could be a great gainer for all of us.
jr. member
Activity: 49
Merit: 1
July 27, 2021, 06:30:46 AM
In now days too much Altcoin Project are Launching one by one and all of them claim that invest in his project because we will be successful in upcoming days but in the end they run away and make a scam. They don't woory about people fund and stole them.
So how we can trust on altcoin to give us profit after investment. Because most of them become Scam and Scam. All of them has one Aim how to stole too much fund .
So how we make altcoin investment safe ?

True. And there will be more Altcoins out there everyday. As a beginner, just buy Ethereum. The safest amongst Altcoins.
Pages:
Jump to: